Financials

Statement of Financial Position as of June 30, 2018 and 2017

 20182017
Total Liabilities & Net Assets$18,154,882$17,623,101
ASSETS
Cash and cash equivalents$154,632$219,675
Marketable securities (Notes 2 and 3)$18,000,250$17,340,446
Other receivable--$60,493
Excise taxes receivable (Note 4)--$2,487
Total Assets$18,154,882$17,623,101
LIABILITIES
Accrued expenses$41,913$52,200
Grant payable$47,500--
Excise taxes payable (Note 4)$13,802--
Deferred excise tax liability (Note 4)$50,071$40,715
Total Liabilities$152,286$92,915
NET ASSETS
Unrestricted$18,001,596$17,530,186
Total net assets$18,001,596$17,530,186